Deals Discussion for Beginners in Real Estate

[Anthony W.]

Hello fellow BP members! I wanted to start a forum where people can speak about their deals and possibly get others feedback so let me start it off. I am new to the RE game and currently moved into the analysis phase. Long story short I am reaching out for ANYONE to give feed back on deals. I will post here as I move forward in analysis and I encourage others to post their deals here also. Do you think the below deal is worth it?

Here is the information:

INVESTMENT OVERVIEW Price $340,000
Price per Unit $48,571
GRM 6.82
CAP Rate 10%
OPERATING DATA Gross Scheduled Income $49,800/Yr
Other Income $1,200/Yr
Gross Income $51,000/Yr
Operating Expenses $14,303/Yr
Net Operating Income $36,697/Yr
EXPENSE SUMMARY Taxes 2019 $3,753/Yr
Insurance $3,800/Yr
Utilities $5,260/Yr
Maintenance $1,490/Yr

Rents: $800x1, $700x1, 3x$550, 3x$500 with total rent of $4,150/mo